Prairieville, LA, December 10, 2015 – Coach Pontoons (Coach), a manufacturer of high-end recreation pontoon boats, is offering a one-of-a-kind inventory finance program for its dealer network. Dealers who purchase boats equipped with Honda engine packages will receive 300 days of free floorplan financing. Contact Coach Pontoons for more information. Financing will be provided through Northpoint Commercial Finance (Northpoint), a leader in inventory financing solutions for the marine industry.
“As a relatively new manufacturer, we wanted to come out with a strong offer for dealers to capture industry interest and create excitement about our luxury product,” said Chris Riddle, President of Coach Pontoons. “No other pontoon manufacturer is offering 300 days of free floorplan financing. This gives dealers the opportunity to offer our full product line at very little cost. With such an in-demand product for an up-market demographic, we are confident it will be a win-win.”
Coach is a high quality manufacturer of well-appointed pontoon boats with high-performance tubes. Their boats include as standard features what other manufacturers offer as options, while their options – such as the tilt Gussi Italian steering wheel – add a sophisticated touch. Coach’s goal is to produce pontoons of the highest quality with the best OEM equipment available with the end goal of delivering the best value to the marketplace.
In another bold move, Coach entered the market with an exclusive OEM partnership with highly-respected Honda Marine. Honda will supply Coach Pontoons with selected outboard engine models from its Mid-Range and High Power BF Series as original equipment for all Coach pontoon models. The agreement further enhances the boats’ reputation for reliability and quality.
“Honda Marine leads the industry and sets the standard for excellence with new innovations, products and design enhancements, and Coach Pontoons is proud to be part of the Honda legacy,” Riddle added.
Mark DiPietro, senior manager at Honda Marine appreciates the opportunity to align itself with Coach. “Honda’s class-leading performance, coupled with advanced, innovative technologies and outstanding fuel efficiency and reliability make all the BF Series Honda engines ideal power sources for the Coach pontoon product lineup.”
Northpoint’s SVP of marine business, Russell Baqir, noted the finance program applies to the entire boat package, including the Coach pontoon, the Honda motor, the accessories and freight. “We’re looking forward to the opportunity to bring the Coach name and quality product to more dealerships across the country through this one-of-a-kind financing package.”
About Coach Pontoons
Based in Prairieville, Louisiana, Coach Pontoons is a subsidiary of Coach Marine Group LLC. They offer a full range of models for dealers throughout North America, currently producing six models of pontoons ranging from 21-25 feet, with plans for a seventh series.
About Honda Marine
Honda Marine, a division of American Honda Motor Co., Inc., markets a complete range of outboard marine engines. Its comprehensive product line is powered exclusively by 4-stroke engines. Information regarding Honda Marine products is available at www.hondanews.com.
About Northpoint Commercial Finance
Northpoint Commercial Finance, with offices in the U.S. and Canada, is a diversified financial solutions provider offering inventory lending, floorplan finance and asset based financing. An experienced lender, they offer a wide array of program structures to meet the needs of original equipment manufacturers, distributors, resellers and dealers in a variety of consumer and commercial products industries. Their team offers a creative, flexible and personal approach combined with innovative technologies, and streamlined processes. For more information about Northpoint’s product offerings, visit www.northpointcf.com.
